Spring Historical Balance Sheet

601021 Stock   56.05  0.41  0.73%   
Trend analysis of Spring Airlines Co balance sheet accounts such as Other Current Liab of 471.2 M, Total Current Liabilities of 7.4 B or Total Stockholder Equity of 10 B provides information on Spring Airlines' total assets, liabilities, and equity, which is the actual value of Spring Airlines to its prevalent stockholders. By breaking down trends over time using Spring Airlines balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Spring Airlines latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Spring Airlines is a good buy for the upcoming year.

Spring Airlines Inventory

124.37 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Spring Airlines Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Spring Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Spring Airlines at a specified time, usually calculated after every quarter, six months, or one year. Spring Airlines Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Spring Airlines and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Spring currently owns. An asset can also be divided into two categories, current and non-current.

Spring Airlines Balance Sheet Chart

At present, Spring Airlines' Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 947.5 M, whereas Total Assets are forecasted to decline to about 25.5 B.

Total Assets

Total assets refers to the total amount of Spring Airlines assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Spring Airlines books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Spring Airlines balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Spring Airlines Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Capital Lease Obligations

Spring Airlines capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Spring Airlines asset purchases. For example, Spring Airlines can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Spring Airlines control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most accounts from Spring Airlines' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Spring Airlines current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Spring Airlines Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At present, Spring Airlines' Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 947.5 M, whereas Total Assets are forecasted to decline to about 25.5 B.
 2021 2022 2023 2024 (projected)
Other Current Liabilities1.4B1.2B496.0M471.2M
Total Assets38.3B43.4B44.2B25.5B

Spring Airlines balance sheet Correlations

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Spring Airlines Account Relationship Matchups

Spring Airlines balance sheet Accounts

201920202021202220232024 (projected)
Total Assets29.4B32.4B38.3B43.4B44.2B25.5B
Other Current Liab1.9B3.6B1.4B1.2B496.0M471.2M
Total Current Liabilities8.6B10.9B9.7B13.4B12.8B7.4B
Total Stockholder Equity15.0B14.2B13.7B13.7B15.7B10.0B
Other Liab1.0B1.2B1.4B2.1B2.4B2.6B
Retained Earnings9.1B8.4B7.9B4.4B6.6B5.6B
Accounts Payable209.9M170.3M666.6M661.6M902.4M947.5M
Cash7.7B9.2B7.3B10.2B11.6B6.1B
Other Assets1.4B1.3B1.5B1.7B1.9B1.5B
Long Term Debt5.4B6.0B9.5B10.9B11.1B6.2B
Net Receivables618.5M62.7M98.5M105.3M180.4M171.4M
Inventory168.5M217.8M213.4M174.8M202.1M124.4M
Other Current Assets1.2B412.1M555.8M253.5M272.9M545.0M
Total Liab14.3B18.2B24.6B29.7B28.5B15.5B
Intangible Assets65.9M774.7M782.0M765.2M751.1M788.6M
Common Stock916.9M916.7M916.5M978.5M1.1B755.9M
Property Plant Equipment14.9B17.1B19.2B26.3B30.3B31.8B
Net Tangible Assets13.3B15.0B13.4B13.0B14.9B12.1B
Deferred Long Term Liab383.0M332.0M329.9M384.8M346.3M312.2M
Short Long Term Debt3.5B5.3B4.2B5.4B3.8B3.5B
Total Current Assets9.7B10.3B8.7B11.8B13.0B9.8B
Non Current Assets Total19.6B22.1B29.6B31.6B31.3B24.5B
Non Currrent Assets Other921.8M662.4M524.5M251.3M172.3M163.6M
Non Current Liabilities Total5.7B7.4B14.9B16.3B15.7B11.0B
Non Current Liabilities Other181.6M156.5M517.9M537.3M598.5M369.6M
Net Debt188.2M2.1B6.4B6.1B3.3B3.8B
Common Stock Shares Outstanding916.9M916.7M916.5M978.5M1.1B1.0B
Other Stockholder Equity68.1M125.0M(1.2M)90.3M103.8M62.6M
Net Invested Capital22.9B25.5B27.5B30.0B30.6B27.3B
Net Working Capital1.1B(564.6M)(960.8M)(1.6B)183.8M172.2M

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Other Information on Investing in Spring Stock

Balance Sheet is a snapshot of the financial position of Spring Airlines at a specified time, usually calculated after every quarter, six months, or one year. Spring Airlines Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Spring Airlines and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Spring currently owns. An asset can also be divided into two categories, current and non-current.